The real estate prices and real estate landscape is undergoing significant changes, with construction costs playing a pivotal role in shaping the market. As of November 2023, construction costs have witnessed a substantial 28% increase from pre-pandemic levels, though they have stabilized compared to March 2023. This article delves into the factors influencing construction costs and their subsequent impact on real estate prices, examining key materials, market trends, and the implications for developers and homebuyers […]